Markets Volatile, Auto Index Up 1.2%

Suparna / 24 Sep 2013

Markets Volatile, Auto Index Up 1.2%

The indices remained volatile in a small range in mid-session. The Nifty index is trading up by 12 points at 5902 and Sensex is 46 points higher at 19950. Auto is the top gainer on the sectoral front, up 137 points so far.

The Indian markets saw sideways trades after the morning session today. The indices remained volatile in a small range in mid-session. The Nifty index is trading up by 12 points at 5902 and Sensex is 46 points higher at 19950. The indices are higher by 0.21%-0.25%.

The advance-decline ratio is on the negative side. On the NSE, 1594 shares are in the green and 1722 shares are in red.

Top 5 Nifty Gainers: BHEL is leading the gainers list as of now, up by 2.5%. Bajaj Auto, HDFC, Tata Power and Cipla are also in positives.

Top 5 Nifty Losers: Hindalco has dipped by 2.9%, followed by BPCL, DLF, HCL Tech and Jindal Steel.

Auto is the top gainer on the sectoral front, up by 137 points so far. Capital Goods and Health Care remain on the higher side, up by 102 points and 57 points respectively. Consumer Durables and Oil & Gas have both gained more than 30 points. The Mid-Cap and Small-Cap indices were also on a positive note.

The Asian markets are trading lower in mid-session. Hang Seng is the top loser so far, down by 192 points. The Nikkei, Shanghai Composite and KOSPI are also trading in the red.

Buzzer: Bajaj Auto has seen gains of more than 2.3% from the morning trading session. The stock was in the positives in the last few trading sessions. The stock has broken its major technical level of Rs 2000, and if it closes above this level it touch Rs 2050 by the end of this week.

Nifty Futures took major support at 5890-5870, indicating more positive moves if it closes above this level.

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